Bill Gates Once Warned the world about heavily investing in crypto if they happened to not be as rich as the world’s richest man Elon Musk, TIME’s person of the year, or providing Ukraine with a Starlink communication system. Well, now, he’s made headlines for other reasons…
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Now, Elon Musk is the complete embodiment of a classic eccentric billionaire…
Being the CEO, founder, and Chief Engineering Designer of not only Tesla but SpaceX too, he has an awful lot going for him.
As it currently stands, Tesla is the world’s leading electric car company…
With almost 500,000 vehicles being bought and distributed in 2020 alone. The company is pioneering the future of electric car travel with Musk as its CEO.
And then there’s Space X…
Space X was the first private company to successfully launch and return a spacecraft from Earth orbit and the first to launch a crewed spacecraft and dock it with the International Space Station (ISS).
And due to his accomplishments, Musk has cashed in a serious amount of money since starting his businesses…
According to the BBC, back in January Musk finally became the richest man in the world, knocking Jeff Bezos out of 1st place.
Quite the achievement, I know!
However, the feud between Musk and Bezos has been ongoing all year, with the pair yoyo-ing between 1st and 2nd place.
Well, until recently that is…
Musk saw a jump of 4.9 percent for the stock price of Tesla at the start of the year – an increase that came just days after finishing the first trading session of the year where they saw an increase of 3.4 percent.
Musk’s net worth subsequently soared shortly after to a staggering $188 billion, as per Bloomberg’s Billionaires Index.
Elon Musk was ultimately placed as the world’s richest man with Jeff Bezos’ net worth stands at $187 billion.
Things just kept getting better for Musk, and as of September 7th, he was reportedly worth over $200 billion…
Making him the 3rd person in the world to ever reach that milestone, behind Jeff Bezos and Bernard Arnault, CEO of French luxury brands Moët, Hennessy, and Louis Vuitton.
A great achievement for Musk!
And “Elon Musk” went about the news in the most typical way.
In response to the news, he simply tweeted, “How strange”…
.@elonmusk is now the richest person in the world at $190 billion.
— Tesla Owners Silicon Valley (@teslaownersSV) January 7, 2021
Then, almost a month after beating Bezos and becoming the world’s richest man…
He secured his position in 1st place.
On Monday, October 25th, Musk left his competitors in the dust as he reportedly gained a further $36 million…
Taking him up to a whopping $269 billion according to Forbes.
However, all this money seems to be going to his head, quite literally, as his new haircut has become the latest topic of conversation among Twitter users…
And he’s been facing some serious criticism…
Despite being crowned the richest man in the world, it hasn’t all been sunshine and rainbows for the CEO…
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
Do you support this?
— Elon Musk (@elonmusk) November 6, 2021
This year alone, he has split from his long-time girlfriend Grimes, as well as having to pay up for some unpaid taxes due to unrealized gains in Tesla stock. So all in all, it’s been a choppy year.
Although the tech giant has been through a lot, nothing could have prepared us for the photo that was taken of Musk last Wednesday night as he landed in Miami for Art Basel…
It’s safe to say the internet was in shock…
Take a look at his new hairdo for yourself…
Why oh why would you spend thousands of dollars on hair replacement surgery just to get this haircut? Help me make sense of it, @elonmusk! pic.twitter.com/zwz9nBC2bW
— Seizer Pouncicus, Esq. (@SeizerPouncicus) December 3, 2021
Maybe it’s more of a hair-don’t…
Well, we’re pretty sure Elon isn’t still ruminating on his hair disaster…
In 2021, he has crowned TIME’s ‘Person of the year.
And then began discussing a topic that’s been on everybody’s lips.
Taxes.
https://twitter.com/lindyli/status/1470936058569367555?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1470936058569367555%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftwentytwowords.com%2Fbill-gates-issues-warning-to-the-world-about-elon-musk%2F%3Futm_source%3Dfacebookutm_medium%3Dsocialutm_campaign%3D22fbclid%3DIwAR3Axwa1m4bJncgzfi_OeD25G2lYz4Wk_WhYaE1HcdrDPdpPMHOj659foRk
Elon Musk is the richest person in the world by a mile, and he doesn't pay his fair share in taxes. Of course, coming from someone born into wealth, it's unsurprising he'd act defensive when someone who's actually self-made like Sen. Elizabeth Warren calls out his elitist shit.
— Charlotte Clymer 🇺🇦 (@cmclymer) December 15, 2021
Senator Elizabeth Warren also had something to say about Musk, prompting him to get a little fiery in his response.
Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else. https://t.co/jqQxL9Run6
— Elizabeth Warren (@SenWarren) December 13, 2021
“Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,” she wrote in a tweet.
And so came his response…
And then Musk set the record straight, telling everyone just how much he’s going to be paying this year.
Oh damn.
And then he became $32 billion richer 5 days into January.
Which people did not doubt would happen.
Now, Elon really did make the headlines an awful lot last year.
And it was always in celebration of his success.
He started this year off right, too. The $11 billion in taxes he paid have definitely been a thing of the past for him because he almost tripled what he paid in 2021, and it was only the beginning of 2022.
How? You might ask…
It’s all down to his Tesla company.
In 2021, Tesla manufactured 936,000 vehicles, allowing for a rise in stock prices, as per LADbible.
And to put his riches into perspective…
By Musk paying $11 billion in taxes last year, he gave 0.0036 percent of his earnings away. Yep, it might make you want to cry yourself to sleep, but that’s the truth.
And now, Bill Gates has issued a warning to the world about Elon Musk.
Shining a very different type of light on him.
In a Bloomberg Technology interview last year, Bill Gates commented on the Bitcoin investments Musk is making.
In the interview, the reporter said that Musk could potentially make more money from his Bitcoin investments than with his electric cars in all of 2020, and then she asked for Bill’s opinion on the matter.
“Elon has tons of money and he’s very sophisticated so I don’t worry that his Bitcoin will randomly go up or down,” he began.
“I do think people get brought into these manias who may not have as much money to spare so I’m not bullish on Bitcoin.
“My general thought would be if you have less money than Elon you should probably watch out,” he continued on.
“There are things we invest in society that produce output. Bitcoin happens to use a lot of energy, it happens to promote anonymous transactions, they’re not reversible transactions,” he said.
He does encourage the move toward digital money, saying eventually that they will reach poorer countries, but, doesn’t believe Bitcoin is all the rave, apparently.
So, Bill Gates essentially gave everybody a friendly reminder that if you don’t have the money to gamble in the first place…
It’s probably best not to invest in Bitcoin.
Check out the full video below…
What do you think?
